Suite number:
B21
Project:
Address:
Toronto, Ontario
Developer:
Sierra Communities
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
449 sqft
Occupancy Date:
May 2026
Price, CAD
$612,901
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.55%
Cumulative Return on Investment in Year 5
81.75%
Property Price at the End of Year 5
$790,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$30,645
5% in 180 days
$30,645
5% on Occupancy
$30,645
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| property price appreciation | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $404,000 |
| rent income | $3,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $117,000 |
| mortgage principal reduction | $2,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $87,000 |
| deposit interest | $288 | - | - | - | - | - | - | - | - | - | $288 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $62,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $76,000 | $633,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $92,000 | - | - | - | - | - | - | - | - | - | $92,000 |
| remaining balance payment | $31,000 | - | - | - | - | - | - | - | - | - | $31,000 |
| closing cost | $58,000 | - | - | - | - | - | - | - | - | - | $58,000 |
| operating expense | $2,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $61,000 |
| mortgage payment | $10,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $286,000 |
| total expense investment | $193,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $38,000 | $38,000 | $38,000 | $528,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$130,739 | $15,000 | $18,000 | $20,000 | $23,000 | $26,000 | $29,000 | $32,000 | $35,000 | $38,000 | $104,000 |
| cumulative roi | $31 | $47 | $60 | $71 | $82 | $91 | $100 | $109 | $118 | $126 | $836 |
Motto Condos
Address: Toronto, Ontario
Price Range: $490,000 - $1,411,000
Avail. suites: 18
1—3.5 bd
362—1361 SqFt